Latest round

Series B

Last raised

May 2025

Total raised

$230M

Investors

3

About Awardco

Awardco, Inc.Founded in 2015, Awardco, Inc. specializes in employee recognition solutions. The company is headquartered in Lindon, US. Steve Sonnenberg serves as the CEO and was instrumental in establishing the company.Awardco provides a comprehensive platform designed for employee rewards and recognition, helping organizations build a culture of appreciation and engagement. Core functionalities include Spot Recognition, allowing users to instantly recognize employees without a login, and a customizable awards system for employee nominations and celebrations for milestones like work anniversaries.Awardco generates revenue through a subscription-based model, where clients pay for access to its recognition platform and tailored features for employee engagement. The pricing structure includes various tiers that cater to the size and needs of organizations, allowing scalable recognition programs.00 mn, the company plans to leverage the new capital to expand its rewards and recognition platform. This will include integrating AI to drive deeper employee insights and automations, enhancing HRIS and partner integrations, and scaling its global infrastructure.

Who invested in Awardco

3 investors across 2 rounds

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Funding rounds

  1. Series B

    May 20, 2025

    Amount

    $165M

    Investors

    Locked

  2. Series A

    Oct 15, 2021

    Amount

    $65M

    Investors

    Locked

Questions about Awardco

Who invested in Awardco?

Awardco has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Awardco raised?

Awardco has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Awardco last raise money?

Awardco's most recent round on record is a Series B, in May 2025.

What does Awardco do?

Awardco is a outsourcing company.

Where is Awardco headquartered?

Awardco is headquartered in Lindon, US.

Which VCs invest in companies like Awardco?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back outsourcing companies at Awardco's stage. Their profiles are linked below.

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